The resitance was touched for the third time. In the trend channel we have now reached the top. The question arises, where is the journey going? Even further up?
After 85 days up with a plus of 75% a correction is overdue. Or? So how strong will the correction be? I check in at 3.500/3.600 and checked out on Thursday.
Many believe that the Bitcoin still falls...

The development at Ripple has been quite boring lately.
Many have hoped that the trend reversal is coming soon. However, technical analysis still advises caution.
There are still not enough positive indicators. Ripple broke the long term support down. And also the long-term Fibo 0.236.
The next support could be the short-term Fibo (0.236) at 0.00005814. Even...

... And Happy Birthday Monero!
Often I am asked: "I want to invest in a good crypto technology. What should I buy? I don't want to lose money on pump-and-dump. My answer: Take a look at technologies that offer a real understandable (simple) advantage. Monero is therefore a must-have for me. Why, I'll write below:
One of the biggest advantages for me in the...

Rising triangle (trend following pattern) ... More Up possible.
Rest on the chart.
The rising triangle can be seen as good trend-following pattern. If it is confirmed, usually further upward trend movements could be expected.
Let's see what happens. Happy trading. :-)

And... At what price and at what market capitalisation Bitcoin will be a true currency substitute?
There are a number of forecasts that see the Bitcoin at 1 million and more. Most recently, Jesse Lund, Global Head of Blockchain Solutions and Digital Currencies at IBM, gave the 1 million forecast in an interview in February 2019.
I tried to analyze this value...

Only once was the Negative Volume Index below EMA250. That was mid-2015, the last low point. Due to the current volume and price increase, the EMA250 was also broken. Compare the two grey fields in the chart. In my opinion, this is as a clear signal of a trend reversal.
Let's see what happens. Happy trading. :-)

Bitcoin comes to life and makes a significant price jump. Other crypto currencies also do the same. For the first time in months, a Bitcoin is worth more than 5000 dollars again.
There is movement in the market. The Bitcoin rises above the 5000 dollar mark for the first time in four months. The value increases within one hour by more than 20 percent compared to...